

Starbucks-Corporate
Retail | 5.00% CAP | 2,204 SqFt
Marketing description
Starbucks-Chicago presents a prime investment opportunity located at 2749 N Cicero Ave, Chicago, Illinois. Listed at $3,159,960 with a 5% Cap Rate, this newly constructed Starbucks property comes with a 10-year NN Corporate Lease, providing a stable income stream. The building spans 2,204 sq ft on a spacious 18,948 sq ft lot, with an NOI of $157,998. This property is strategically positioned in a densely populated neighborhood with no direct retail competition, just 11 miles from Chicago O’Hare International Airport. The lease, with 8.3 years remaining, offers 10% increases every five years, providing a secure and potentially high-yield investment opportunity. Surrounded by well-known retail tenants within a two-mile radius, such as KFC, Walmart, and McDonald’s, this Starbucks location benefits from a high-traffic area. Don’t miss out on this attractive investment with a solid lease in place.
Investment highlights
Investment Highlights
NN Lease
10 Year Term with 8.3 years remaining
Corporately Guaranteed
10% Increases Every Five Years
LL Responsible for Roof/Structure
Densely Populated Area
11 Miles from Chicago O’Hare Airport
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